I lost my vegetative state, and I became the richest man in the world

Chapter 495 The Strong Reaction of the Major Banks in Xiangjiang!
Xiangjiang Queen's Road Central.

Huifeng Bank Building.

Office of the Chairman.

Shen Yan was looking through the window at the Empire Group Building under construction in the distance.

The Empire Group Building was built on the original site of the Murray Building. After the Murray Building was auctioned by the Empire Group at a high price through Wharf, Mr. I.M. Pei, a famous Chinese architect and designer, was hired to design it.

At that time, Xiangjiang and the whole world were shocked.

The Empire State Building is 699 meters high. If lightning rods are added in the future, it should be more than 700 meters high. Not only is it higher than the peak of Victoria Peak, but it is also the tallest building in Central District of Hong Kong Island.

Construction began in 1978. From Shen Yan's point of view, the construction of the Empire State Building is almost increasing at the speed of the naked eye.

It may not be as fast as Pengcheng, one floor in three days, two floors in five days, in fact, the speed is not slow, especially after the foundation is built, it will be much faster to build.

From the second half of 1978 to 1980, less than two years have passed. At this time, Shen Yan felt that the empire building had grown, which made him feel depressed.

This morning, when he was playing golf, Sir Yang had already told him in advance that the real estate company under the Empire Group had canceled the common area. When he came back, the more he thought about it, the more difficult it became.

In his opinion, only people like Sir Yang in Xiangjiang could do such a bold thing.

Li Jiacheng and Bao Yugang, whom he had been optimistic about before, did not dare to do this at all, and it was impossible for them to do this.

Cancellation of shared area.

The first to benefit, of course, are the home buyers in Xiangjiang, followed by the major banks in Xiangjiang.

Sir Yang had told him in advance, but since Sir Yang hadn't announced the news, he naturally couldn't tell him in advance.

Shen Bi returned to his seat and sat down, took a sip of coffee, and looked at the Patek Philippe he was wearing.

Suddenly there was a knock on the door.

His female secretary came in and said, "Chairman, just now the Jardine Group on the side of the Imperial Group suddenly announced that all the real estate companies under the Imperial Group will cancel the shared area."

Shen Yan looked at the time, it was just past 19:00 in the evening.

"Immediately notify the executives of all departments to hold a meeting."

"Yes, Chairman."

In the afternoon, Shen Yan said in advance that there will be important matters to discuss with them at the Huifeng Bank Building tonight, but no one knows what it is.

When Shen Yan came to the meeting room of Huifeng Bank.

Director of HSBC Bank, Vice Chairman John Bao, Director Mao Shili, and hundreds of other executives of HSBC Bank were all present.

The last time Shen Yan sold Hutchison Whampoa to Mr. Yang was during the Spring Festival of 1978. At that time, Shen Yan did not hold so many executive meetings.

This time, Shen Yan actually convened so many executive meetings in the name of the chairman, to let the executives of Huifeng Bank understand that there must be something very important today.

In early 1978, the Governor's Mansion of Xiangjiang actively planned to develop Xiangjiang into an international financial center.

In March 1978, the Xiangjiang Governor's Office announced the relaxation of restrictions on the suspension of bank licenses that had been implemented since the 3 banking boom.

In the following nine months, 27 licenses were issued in one go.

This also introduced a large number of banks from country M, and Toyo Bank entered Xiangjiang.

This also means that it turns out that Xiangjiang basically monopolizes Xiangjiang's banking industry with Chinese banks such as Huifeng Bank, Zhada Bank, and Hengfei Bank.

After March 1978, a large number of bank licenses were issued, and a large number of banks from countries M and Dongyang’s bank capital entered Xiangjiang. The financial industry in Xiangjiang developed rapidly in a short period of time. In the early 3s, Xiangjiang was already the third largest in the world. A large financial city has laid the foundation for the development of Hong Kong's financial industry.

With more banks in Xiangjiang, the competition is naturally stronger.

It is impossible to be like before.

Shen Yan is very clear that the current Huifeng Bank is not only competing with the original Xiangjiang Zhada Bank and Huazi Bank, but also with the Bank of M Country and the Bank of Toyo.

This time the Imperial Group announced that all real estate businesses under its umbrella would cancel the shared area.

In Shen Yan's view, it must be beneficial to the development of Xiangjiang Real Estate.

Home buyers in Xiangjiang basically need loans, which means that this will be a very large business.

As far as all the bank's loan business is concerned, housing loans belong to the highest quality customers. They need to compete with Toyo Bank and Country M Bank for those high-quality customers.

"Just now, Imperial Group announced that all real estate companies under its umbrella will cancel the shared area. Xiangjiang's real estate stocks and bank stocks will skyrocket tomorrow. There will be more. If it was in the past, most of these high-quality customers were eaten by us Huifeng Bank and Hengfei Bank. However, after joining the Bank of Toyo and the banks of Country M, our competitiveness will not be so strong .”

All the executives in this room are smart people.

When they heard Shen Yan say that the Empire Group canceled the shared area of ​​all real estate properties under its umbrella, they knew that this matter would indeed have a great impact.

Originally, since 1976, Xiangjiang's real estate has been rising and has been very prosperous. Especially since the second half of last year, Xiangjiang's housing prices and land prices have soared rapidly.

After entering 1980, house prices in Xiangjiang soared faster.

In terms of real estate, like the stock market, there are many investors chasing higher prices. They are afraid of falling stock prices and house prices. If real estate keeps rising, they can buy it with confidence.

Those real estate investors don't just buy one set, they even buy a few sets, a dozen or so sets.

For Xiangjiang investors, if they bought it a few years ago and sold it now, it should have doubled several times.

"You have to be clear, if we compete with Toyo Bank and Country M Bank for those high-quality customers this time, defeat them and let us get more high-quality customers."

Shen Yan looked at the executives present and said.

These are the elites of Hong Kong's elites, and they are all high-achieving students. Whether they are white or Chinese, they are the most powerful group of people.

If it weren't for the emergence of the Imperial Group, many Chinese elites would have been recruited.

At this time, Huifeng Bank Group will have more Chinese elites in it.

End of the meeting.

Huifeng Bank is brightly lit tonight.

I'm afraid many people will have to work overtime tonight.

Others leave.

Shen Yan and Bao Yuehan went upstairs.

Upstairs is Shen Yan's large one-story mansion in Huifeng Bank. He seldom lives here most of the time. Now, during this period of time, he may have to live here and work overtime.

"Mr. Shen, why did Sir Yang suddenly cancel the pool area?" John Bao asked in surprise.

Bao Yuehan now really admires Shen Yan's eyes. Back then, he was able to choose Mr. Zhong Yang instead of Li Jiacheng or Bao Yugang.

"In the morning, when Sir Yang asked me to play golf, he actually told me and the Governor-General Mr. MacLehose."

Sir Yang said in advance?
John Bao thought about it and thought it was normal.

The relationship between Sir Yang and Shen Yan is not simple now.

In addition, the cooperation between Imperial Group and Huifeng Bank has already been very deep.

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(End of this chapter)